Video: A Hitchhiker's Guide to Machine Learning and Artificial Intelligence in the Supply Chain

Carter McNabb discusses Machine Learning and Artificial Intelligence (AI), and the significant opportunities for Australian supply chains.

In this keynote presentation at ASCI 2019 Carter looks at how Machine Learning and AI are currently being used in the supply chain, as well predictions for their use moving forward.

His presentation explores the emerging technologies using Machine Learning and Artificial Intelligence (AI) that could potentially offer significant opportunities for Australian supply chains.

Furthermore, he explains their potential across all areas of the Supply Chain from Strategy, to Planning and Execution.

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"GRA have helped lift our vision from our shoe laces toward a north star best practice approach in both IBP and Demand & Supply planning processes."

– Ryan Dhondy, IBP Capability & Development Leader Vic, Lion Dairy & Drinks

Typical results

  • 20-40% inventory investment reduction
  • increased service levels ranging up to 99.9%
  • 10%-15% reduction in supply chain operating costs
  • 5%-20% spend management savings
  • the ability to fund business initiatives from operating cash flow (OCF) improvements
  • improved return on capital employed (ROCE)
  • a minimum 3:1 ROI (10:1 to 30:1 typical)